Head of Business correspondence channel
1 month ago
Prior experience:
• Minimum 10+ years of experience with a large PSU banks, Private banks or NBFCs heading the financial inclusion initiatives
• Experience in onboarding corporate business correspondents and day-to-day operational management of the channel
• Negotiating the legal documentation & terms & conditions with the BC partners; identifying the potential risks and building in the required mitigation clauses to safeguard interests of the FI
• Designing the incentive structure & payout for the BC agents
• Designing the process for on-going performance monitoring of the BC partners and their agents
• Managing a large team of regional BC channel supervisors
Job Description:
- Identify the right corporate BC partner and on-board the partner including overseeing the contractual clauses
- Determine the catchment areas/geographical zones where BC agents should be deployed
- Design the operating model for the BC channel including laying down the required IT systems, method of payout calculation, mechanisms for performance review etc.
- Build & oversee the entire BC channel management team including regional BC supervisors, zonal BC supervisors etc.
- Responsible for on-going channel engagement, expansion, review and target achievement
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